Commerzbank (0RLW) Receives a Hold from Barclays
Barclays analyst Flora Bocahut maintained a Hold rating on Commerzbank today and set a price target of €36.00.
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Bocahut covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Julius Baer Group Ltd. According to TipRanks, Bocahut has an average return of 21.3% and a 72.57% success rate on recommended stocks.
Commerzbank has an analyst consensus of Hold, with a price target consensus of €37.10.
Based on Commerzbank’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €6.27 billion and a net profit of €462 million. In comparison, last year the company earned a revenue of €6.74 billion and had a net profit of €538 million
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0RLW in relation to earlier this year.
Read More on GB:0RLW:
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- Commerzbank Completes €524m Buyback and Commits to 100% Payout Through 2028
- Commerzbank price target raised to EUR 37 from EUR 34.90 at Citi
- Commerzbank Completes €1.75bn Senior Notes Issuance Without Stabilisation
- Commerzbank readies benchmark senior and green bonds with price support option
- Commerzbank price target raised to EUR 39 from EUR 35.10 at Goldman Sachs
